Yearly Archives - 2019

City of Hartford Agrees To Starting Investment of $5M from OREE

The Counsel for the City of Hartford agrees in a total initial investment of $5M from OREE, including purchase, soft costs, and capital improvements under a tax-fix agreement. Read full article: https://www.courant.com/business/hc-biz-hartford-sigourney-street-tower-acquisition-20191210-il2fj2fvg5dshlq4ink6wvcije-story.html
https://www.courant.com/business/hc-biz-hartford-sigourney-street-tower-acquisition-20191210-il2fj2fvg5dshlq4ink6wvcije-story.html

HBJ Features OREE Contract on CT State Building 25 Sigourney Street

Hartford Business Journal takes a look at OREE's newest investment. OREE was one of three companies who bid on the property, assessed at $18.9M. Coons said, “It’s probably a $30 million-plus project … The bones of the building are fantastic.” Read the full article: https://www.hartfordbusiness.com/article/1m-vacant-hartford-office-tower-sale-looms
https://www.hartfordbusiness.com/article/1m-vacant-hartford-office-tower-sale-looms

Capital for Change Supports OREE’s Historic Renovation of the W. L. Hatch Building in New Britain

The Connecticut Trust with Capital for Change (C4C), a Hartford-based community development financial institution, has helped finance the historic renovation of 24 Washington Street, New Britain, CT.  Opportunity Real Estate Equities (OREE), the developer, is doing a complete historic renovation of the W. L. Hatch building (1929; NR), which will be leased as office space. https://preservationct.org/c4cpartnership

500 Four Rod Rd New Tenant: Tradebe Environmental Dispatch Center

Tradebe Environmental, which specializes in chemical and hazardous waste removal, has leased one of our largest suites in 500 Four Rod, for their Berlin dispatch center, an extension of their Meriden location. A fleet of trucks and equipment have made Four Rod their home. Waste materials are not stored on premises. Website: tradebeusa.com Job Postings: Glassdoor.com